FTI Consulting (FCN) Receiving Somewhat Favorable News Coverage, Study Shows
News coverage about FTI Consulting (NYSE:FCN) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FTI Consulting earned a daily sentiment score of 0.05 on Accern’s scale. Accern also gave press coverage about the business services provider an impact score of 47.2256094468168 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
FCN has been the subject of several recent research reports. BidaskClub upgraded FTI Consulting from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 9th. Zacks Investment Research upgraded FTI Consulting from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $43.00.
Shares of FTI Consulting (FCN) traded down 0.27% during midday trading on Tuesday, reaching $36.28. The company had a trading volume of 140,197 shares. FTI Consulting has a one year low of $31.65 and a one year high of $47.12. The company has a market capitalization of $1.44 billion, a P/E ratio of 39.69 and a beta of 0.28. The company has a 50-day moving average price of $35.09 and a 200 day moving average price of $35.26.
FTI Consulting (NYSE:FCN) last posted its quarterly earnings data on Thursday, July 27th. The business services provider reported $0.40 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.53 by ($0.13). FTI Consulting had a net margin of 2.13% and a return on equity of 5.18%. The company had revenue of $447.70 million for the quarter, compared to the consensus estimate of $455.55 million. During the same period last year, the business earned $0.66 EPS. The firm’s quarterly revenue was down 2.7% on a year-over-year basis. Equities analysts anticipate that FTI Consulting will post $1.87 earnings per share for the current fiscal year.
FTI Consulting Company Profile
FTI Consulting, Inc is a business advisory company. The Company operates through five segments: Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology and Strategic Communications. The Company provides advice and services, such as restructuring (including bankruptcy), capital formation and indebtedness, interim business management, performance improvements, forensic accounting and litigation matters, international arbitrations, mergers and acquisitions (M&A), antitrust and competition matters, securities litigation, electronic discovery (or e-discovery), management and retrieval of electronically stored information (ESI), reputation management and strategic communications.
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